Poker News Brief: More Full Tilt Refunds Issued

by Haley Hintze

The Department of Justice-appointed administrator for the Full Tilt Poker remissions process, Garden City Group, released a second wave of refunds in early April. Almost $6 million in online-poker balances was sent to about 2,800 players whose banking information could not be verified in time for inclusion in the larger first wave of payments earlier this year. All told, GCG has issued about $81 million in FTP payment to date, with two large categories still under review – online affiliates and former players who enjoyed some form of sponsorship relationship with the site. The funds for the ongoing refunds came from the 2012 PokerStars settlement with the DOJ, which acquired Full Tilt’s remaining assets in exchange for the remission funding.